You appear to be heavily focused on the potential negative...

You appear to be heavily focused on the potential negative outcomes from Wyloo as a non-holder. However, many variables could change between now and the maturity date, and in business, negotiations are always possible. The key question is whether the project will be profitable given the current REE price and any potential downside. It's evident that the West is aiming to reduce China's dominance in the REE commodity market, and China will likely take measures to flood the market with cheap REE products. A sudden ban or tariff on Chinese REEs by the west could stop the practices, but the market dynamics are complex. The REE prices are expected to stabilise once the West can secure enough production to meet the minimum demand.